EtherLi Wallet Reviews

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1 user reviews

5.0 / 5 Our Score

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Launched: 2016

Site: www.ether.li

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Written by Jinny Butterworth

Financial journalist. I've been covering financial markets since 2005. Cryptocurrency writer since 2016. Love cooking, reading and spending time with my dogs.

Aug 10, 2020

EtherLi Wallet is the Ethereum web client, which is also referred to as the first multi-signature Ethereum web wallet.

Outgoing transactions with EtherLi are protected with the 2FA. Full control over the funds belongs to the user. EtherLi service is a co-signer to all transactions, which reduces the risk of a potential hacker attack. It means that each outgoing transaction requires an SMS to confirm. Upon recovery, the wallet holder has the keys required to retrieve access to the wallet or move funds to another service. These keys should be stored offline in a safe place by the user.

The website of the product cautions that the wallet has not gone through the security audit yet. It’s possible that EtherLi will support tokens in the future.